Applied Industrial Fiscal Q2 Revenue Declines, Hikes Dividend
9:08AM ET 1/28/2021 MT NewswiresApplied Industrial Technologies (AIT) reported pre-market Thursday fiscal Q2 adjusted EPS of $0.98. A prior-year adjusted EPS value was not immediately...
Quotes Snapshot > AIT
Applied Industrial Technologies Inc AIT:NYSE
Last Price$87.26NYSE Closing Price as of 7:00PM ET 3/01/21
Today's Change+1.89(2.21%)
Bid (Size)$85.00 (1)
Ask (Size)N/A (N/A)
Day Low / High$86.10 - 87.72
Volume135.9 K
Read more news Recent News
--Analyst Actions: KeyBanc Adjusts Applied Industrial Technologies' Price Target to $90 from $85, Keeps Overweight Rating
9:46AM ET 1/14/2021 MT Newswires(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may...
Applied Industrial Technologies Buys Gibson Engineering for Undisclosed Sum
6:52AM ET 1/05/2021 MT NewswiresApplied Industrial Technologies (AIT), a US industrial products company, said pre-market Tuesday that it has acquired Gibson Engineering, a provider of...
Insider Trends: Insider at Applied Industrial Technologies Acquires Stock Via Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact
5:00PM ET 11/24/2020 MT NewswiresOn Nov 23, 2020, Fred D Bauer, VP-General Counsel & Secretary, exercised options/derivative securities for 8,400 shares of Applied Industrial Technologies...
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Dividend Champions For March 2021
2:08PM ET 3/01/2021 Seeking AlphaDividend Champion And Contender Highlights: Week Of February 21
12:07PM ET 2/20/2021 Seeking AlphaDividend Champion And Contender Highlights: Week Of February 7
11:30AM ET 2/06/2021 Seeking AlphaApplied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q2 2021 Results - Earnings Call Transcript
4:24PM ET 1/28/2021 Seeking AlphaCompany Profile
Business DescriptionApplied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the following segments: Service Center Based Distribution, and Fluid Power & Flow Control Business. The Service Center-Based Distribution segment provides customers with a wide range of industrial products through a network of service centers. The Fluid Power & Flow Control Businesses segment specialize in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH. View company web site for more details
| Address | 1 Applied Plaza Cleveland, Ohio 44115-5000 |
| Phone | +1.216.426.4000 |
| Number of Employees | 6,634 |
| Recent SEC Filing | 02/25/2021 4 |
| President, Chief Executive Officer & Director | Neil A. Schrimsher |
| Chief Financial Officer, Treasurer & VP | David K. Wells |
| Vice President-Information Technology | Lonny D. Lawrence |
| Secretary, Vice President & General Counsel | Fred D. Bauer |
Company Highlights
| Price Open | $87.01 |
| Previous Close | $85.37 |
| 52 Week Range | $30.66 - 89.81 |
| Market Capitalization | $3.4 B |
| Shares Outstanding | 38.8 M |
| Sector | Distribution Services |
| Industry | Wholesale Distributors |
| Current Dividend / Yield | $0.33 / 1.55% |
| Dividend Ex-Date | 02/12/2021 |
| Dividend Pay-Date | 02/26/2021 |
| Dividend Yield 5 Year Average | 2.03% | Next Earnings Announcement | 04/29/2021 |
Options Summary
| Call Open Interest (1d)* |  |
| Put Open Interest (1d)* | |
| Call Volume (1d)* | |
| Put Volume (1d)* | |
| Put Call Open Interest Ratio (1d)* | |
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| * Data delayed by up to 15 minutes |
View all fundamentalsFundamentals
| Price / Earnings | N/A |
| Earnings per Share | $2.94 |
| Beta vs. S&P 500 | N/A |
| Revenue | $3.1 B |
| Net Profit Margin | -0.76% |
| Return on Equity | -2.71% |
Analyst Ratings as of 10/19/2020
| Buy | |
| Overweight | |
| Hold | |
| Underweight | |
| Sell | |
Consensus Recommendation | |